Navarro Discount Pharmacy showcased its remodeled store in Coral Gables, Fla., with a grand opening event attended by company executives and local officials. The Coral Gables store features a new self-serve fragrance counter.
Rite Aid Corp. plans to issue $426 million senior unsecured notes due in 2020 to help fund a refinancing of debt. The drug chain on Thursday began a cash tender offer to buy $405 million of its 9.375% senior notes due in 2015. The company said it would call any of
CVS Caremark Corp. is serving up free blood pressure tests as part of a series of cardiovascular health efforts in May for National High Blood Pressure Education Month and in support of the federal Million Hearts initiative.
Decreased results in the pharmacy and the front end pulled down same-store sales for Walgreen Co. in April. Walgreens said Thursday that April comparable-store sales fell 6.4% year over year, despite a positive impact of 0.
Jean Coutu Group and its franchised drug store network saw robust sales gains for the fiscal 2012 fourth quarter and ended the year on an up note. The Canadian pharmacy retailer also reported increased profit, exceeding the earnings-per-share (EPS) forecast of financial analysts.
Gains in the pharmacy and front end lifted same-store sales at Rite Aid Corp. for April. The drug chain said Thursday that for the four weeks ended April 28, comparable-store sales rose 2.9%, down from the 3.6% comp-store sales increase in March but continuing a string of monthly gains over the
Sandoz, the generic drug subsidiary of Novartis, plans to buy Fougera Pharmaceuticals in a cash deal of about $1.53 billion. Novartis said late Wednesday that, pending regulatory approvals, it expects to finalize the transaction in the second half of this year.
Sanofi has announced the U.S. launch of the iBGStar Blood Glucose Monitoring System, which the company said is the first Food and Drug Administration-approved blood glucose meter that connects directly to the Apple iPhone and iPod touch.
Procter & Gamble Co. has unveiled Pepto-Bismol To-Go, a more portable version of its venerable stomach remedy.
CVS Caremark Corp. posted sharp revenue and same-store sales gains for the first quarter as its retail pharmacy business reaped the benefits of the contract impasse between rivals Walgreen Co. and Express Scripts Inc.
Walgreen Co. has boosted vaccine availability in Massachusetts with new state regulations that permit pharmacists to administer a broad range of immunizations.
Mylan Inc. has begun shipping doxycycline hyclate delayed-release tablets (150 mg), an oral antibiotic, after a favorable ruling in a patent infringement lawsuit brought by Warner Chilcott.
AmerisourceBergen Corp. has closed its $520 million cash deal to buy World Courier Group Inc. The pharmaceutical distributor said Tuesday that the acquisition is expected to be neutral to its fiscal 2012 earnings and accretive in fiscal 2013.
H.J. Heinz Co. has made Heinz Ketchup Blended with Balsamic Vinegar a full-time member of its product family. Heinz Ketchup Blended with Balsamic Vinegar was offered as a limited edition last fall.
Colgate-Palmolive Co.’s Speed Stick Power brand has teamed up with television star Danny Pudi for a campaign called "How Do You #HANDLEIT?" on social media site Twitter.
CVS/pharmacy has rolled out an updated mobile application that enables shoppers to digitally store their ExtraCare loyalty card in a smartphone. The drug store chain said Tuesday that the upgraded mobile app eliminates the need for customers to carry their ExtraCare card when shopping.
